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Old 10-07-2004, 09:29 AM
TorontoCFE TorontoCFE is offline
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Join Date: Sep 2004
Location: Brampton, Canada
Posts: 165
Default Re: Canadian Online Poker Tax Thread (article)

It doesn't matter where the money is earned or spent.
If you live in Canada or are deemed to live in Canada, then you are required to pay Canadian tax on your GLOBAL INCOME.

There is no legal way around that other than international tax treaties , but all that allows you to do is declare the income in Canada and deduct the foreign income tax paid against what you owe in Canada. If you aren't paying tax on it anywhere else, you pay the full amount to Canada.
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